Mexico’s Mining Industry

from
the Ceo.
Mexico is a competitive destination for mining investment. An industry with
a century-old tradition, mining remains one of the leading sources of income,
employment and development in the country. But beyond the mineral wealth
required to develop this activity, conditions in Mexico have made it one of the main
destinations in the world for mining investment, surpassing countries that are richer
in mineral resources.
Mexico offers stability and reliability for productive investment; a business
climate that favors productivity; infrastructure and a legal framework that are ideal
for international trade, and human talent that is unquestionably a success factor for
any productive project.
In Mexico’s mining industry, the numbers speak for themselves. In recent years,
the sector has recorded unprecedented investment, significantly increased its
production capacity and secured a growing share in international markets for several
minerals.
But the mining industry is not Mexico’s only source of pride. The country’s
business climate also brings certainty to promising global market sectors, for
example, information technology, where in a short period of time and thanks largely
to Mexico’s human talent, the country is earning a spot among the leading developers
and exporters.
While the mining and information technology industries may seem like complete
opposites, in Mexico they share some rather crucial elements. A highly-skilled
human capital, investor confidence, public policies and an ideal business climate are
just some of the similarities that have favored the development of both industries and
earned them a solid and increasingly stronger presence in international markets.
Welcome to Negocios!
Ernesto de Lucas Hopkins
CEO
ProMéxico
illustration archive
BUSINESS
ENVIRONMENT
Mexico Creates National
Entrepreneur Institute
_____
On January 11, Mexican President Enrique Peña Nieto
signed a decree to found the National Entrepreneur Institute
(INADEM) to support the creation of new and
improved micro, small and medium-sized businesses
(SMBs) with a view to pushing Mexico towards a model
of growth based on innovation, leveraging the momentum
of exports and fostering the development of mechanisms
to increase national content in exports.
This state-of-the-art public entity will work closely with
entrepreneurs and SMBs to build a fertile scenario removed
from excessive regulations and bureaucratic obstacles. The
creation of the INADEM will benefit the domestic market
by favoring the consolidation of production chains.
This specialized institute will focus on several areas,
such as providing support to strategic sectors with
Briefs
significant growth potential; creating jobs and having
an added value participation in export chains; favoring
regional development by furthering each state’s production
vocation and existing competitive advantages;
and providing special attention to entities with specific
social and economic issues.
The INADEM will strengthen the financing ecosystem
based on regional and sector priorities, ensuring
business owners have access to funding. Also, it will
promote a new culture between entrepreneurs and
Mexican society, which will undoubtedly drive a public
administration to a full-on business success.
www.economia.gob.mx